Flu Season is Approaching
Flu Season is Approaching – Let Innovative Workplace Wellness arrange a flu shot clinic for your employees. Flu season is quickly approaching and the best way to protect yourself and […]
New FAQ On No Surprise Act
Recently, the Departments of Labor, Treasury, and Health and Human Services (the “Departments”) released new frequently asked questions (FAQs) on the No Surprises Act and the Transparency in Coverage final […]
DHS Terminates I-9 Form Remote Option Flexibility; Considerations for Remote Workers
For employers that remotely verified I-9 forms during the pandemic, the deadline for completing in-person verification is fast approaching. As background, the Department of Homeland Security (DHS) had provided additional […]
IRS Issues Guidance Related to Taxability of Wellness Indemnity Plan Payments
The IRS issued its fourth Chief Counsel Advice 202323006 (the “CCA”) to address the tax treatment of payments made to employees through employer-funded fixed indemnity insurance policies. Specifically, the guidance […]
MHPAEA Opt-Out Expires
The Centers for Medicare & Medicaid Services (CMS) has issued guidelines regarding changes to the Mental Health Parity and Addiction Equity Act (MHPAEA) for self-insured non-federal governmental health plans. The […]
Pregnant Workers Fairness Act Goes Into Effect
Part of the Consolidated Appropriations Act, 2022, effective June 27, 2023, the Pregnant Workers Fairness Act (PWFA) requires employers with 15 or more employees to provide reasonable accommodations for job applicants and […]
Participant Retirement Readiness
Assessing the effectiveness of your retirement plan is vital for ensuring participants’ readiness for retirement. By measuring retirement readiness, evaluating your plan’s performance, and implementing key strategies, you can improve […]
PCORI Fee Due July 31, 2023
The Patient-Centered Outcomes Research Institute (PCORI) fee deadline is around the corner. In Notice 2022-59, the IRS adjusted the applicable dollar amount to be multiplied by the average number of covered lives for […]
IRS Issues 2024 HSA and EBHRA Limits
The IRS issued Revenue Procedure 2023-23, to announce the 2024 inflation adjusted amounts for health savings accounts (HSAs), High Deductible Health Plans (HDHPs) under the Internal Revenue Code (Code) and […]
5 Reasons to Hire a Financial Advisor for Your Retirement Plan
When managing a retirement plan, plan sponsors are faced with decisions that can affect the entire organization such as plan design, investment line-up, and who the recordkeeper will be. Unfortunately, […]
